I feel that having 120M Hive on upbit is not helping. We are sometimes having 100M dollars daily volume on there which is crazy really. Maybe it just takes too much money to move Hive sustainably and whales just p&d it... if price doesn't move up big time in the next half a year, we might never make a new ATH this cycle. Would you sell a $1? And how low would Hive fall in the coming bear... oh well, we should probably all start stacking sats on the side
We are definitely not making a new ATH this cycle. That’s $3.34 which is like 940% up from here. Does anyone really believe we do? Last year we are moving lower as most crypto’s moved higher.
Hive did like a 34x last cycle; we got a much better chain now so it doesn't seem unlikely we can pull that off again. But crypto isn't about fundamentals unfortunately
We are in a full bear market move on Hive while many others are back to ATH’s already. I doubt we see $1.00 this or next year. I’d say we gotta wait for the next cycle honestly.
Random grab of others, most up 100% past 12 months. Hive not only flat but down
